Investing.com — The Biden administration is considering a country-by-country limit on sales of artificial intelligence chips made by NVIDIA Corporation (NASDAQ:) and AMD (NASDAQ:), Bloomberg reported Monday.
Officials discussed imposing limited export licenses on some countries, which would likely cut off their exposure to advances in AI technology, the Bloomberg report said. The restrictions are considered in the interest of national security and target countries in the Middle East and the Persian Gulf.
It was not clear whether the restrictions would be imposed during President Joe Biden’s term. The potential sales impact of any restrictions was also not immediately clear.
The US has already introduced restrictions on the sale of AI chips to China, citing national security concerns. The restrictions were imposed over the past year, amid the growing popularity of generative AI programs.
While Nvidia still supplies some AI chips to China, these are specifically made with US export restrictions in mind and are specified lower than the company’s flagship AI chips.
Interest in AI investments has increased among Gulf countries, especially in developing AI infrastructure and gaining a foothold in the fast-growing sector.
